Luxembourg Government Debt: % of GDP

1997 - 2025 | Quarterly | % | CEIC Data

Key information about Luxembourg Government Debt: % of GDP

  • Luxembourg Government debt accounted for 25.1 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 26.1 % in the previous quarter.
  • Luxembourg government debt to GDP ratio data is updated quarterly, available from Dec 1997 to Jun 2025.
  • The data reached an all-time high of 28.4 % in Mar 2023 and a record low of 6.8 % in Mar 2004.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Statistics Portal of Luxembourg provides Government Debt in EUR and Nominal GDP in EUR.


Related information about Luxembourg Government Debt: % of GDP

  • In the latest reports, Luxembourg National Government Debt reached 25.7 USD bn in Jun 2025.
  • The country's Nominal GDP reached 24.9 USD bn in Jun 2025.

View Luxembourg's Government Debt: % of GDP from Dec 1997 to Jun 2025 in the chart:

Luxembourg Government Debt: % of GDP

What was Luxembourg's Government Debt: % of GDP in Jun 2025?

Luxembourg Government debt accounted for 25.1 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 26.1 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
25.1 Jun 2025 26.1 Mar 2025 6.8 Mar 2004 28.4 Mar 2023 % quarterly Dec 1997 - Jun 2025

Government Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 53.6 Jun 2025 quarterly Sep 2010 - Jun 2025
Algeria (%) 47.8 2024 yearly 1997 - 2024
Argentina (%) 73.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Armenia (%) 50.3 Sep 2025 quarterly Dec 2013 - Sep 2025
Australia (%) 38.3 2024 yearly 1999 - 2024
Austria (%) 82.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
Bahrain (%) 96.6 Jun 2025 quarterly Dec 2007 - Jun 2025
Bangladesh (%) 23.8 2025 yearly 2010 - 2025
Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
Belgium (%) 106.2 Jun 2025 quarterly Dec 1980 - Jun 2025
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 18.7 2024 yearly 2007 - 2024
Botswana (%) 27.6 Jun 2025 quarterly Jun 2014 - Jun 2025
Brazil (%) 77.8 Sep 2025 quarterly Dec 2006 - Sep 2025
Bulgaria (%) 26.3 Jun 2025 quarterly Mar 2007 - Jun 2025
Cambodia (%) 26.0 2024 yearly 2013 - 2024
Canada (%) 69.3 2025 yearly 1962 - 2025
Chile (%) 43.3 Jun 2025 quarterly Mar 2002 - Jun 2025
China (%) 27.6 Jun 2025 quarterly Mar 2014 - Jun 2025
Colombia (%) 64.0 Jun 2025 quarterly Dec 2005 - Jun 2025
Croatia (%) 57.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Cyprus (%) 60.5 Sep 2025 quarterly Dec 2010 - Sep 2025
Czech Republic (%) 43.8 Jun 2025 quarterly Mar 2000 - Jun 2025
Denmark (%) 29.6 Jun 2025 quarterly Mar 2000 - Jun 2025
Ecuador (%) 65.5 Jun 2025 quarterly Dec 2005 - Jun 2025
Egypt (%) 63.3 Jun 2025 quarterly Jun 2006 - Jun 2025
Estonia (%) 23.2 Jun 2025 quarterly Mar 2000 - Jun 2025
European Union (%) 81.9 Jun 2025 quarterly Mar 2000 - Jun 2025
Finland (%) 88.5 Jun 2025 quarterly Mar 2000 - Jun 2025
France (%) 110.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Georgia (%) 35.3 Jun 2025 quarterly Mar 2006 - Jun 2025
Germany (%) 62.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Ghana (%) 61.8 2024 yearly 2006 - 2024
Greece (%) 151.2 Jun 2025 quarterly Dec 1999 - Jun 2025
Hong Kong SAR, China (%) 49.1 2024 yearly 2003 - 2024
Hungary (%) 75.1 Sep 2025 quarterly Dec 1990 - Sep 2025
Iceland (%) 60.3 2024 yearly 1998 - 2024
India (%) 56.5 Jun 2025 quarterly Mar 2012 - Jun 2025
Indonesia (%) 39.2 Dec 2024 quarterly Jun 2015 - Dec 2024
Iran (%) 5.4 Mar 2025 quarterly Mar 1998 - Mar 2025
Ireland (%) 33.4 Jun 2025 quarterly Mar 2000 - Jun 2025
Israel (%) 66.5 2024 yearly 1995 - 2024
Italy (%) 138.0 Sep 2025 quarterly Dec 1995 - Sep 2025
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 203.0 Sep 2025 quarterly Dec 1994 - Sep 2025
Jordan (%) 91.3 Jun 2025 quarterly Mar 2002 - Jun 2025
Kazakhstan (%) 23.0 Dec 2024 quarterly Mar 2005 - Dec 2024
Kenya (%) 69.0 Jun 2025 quarterly Dec 2009 - Jun 2025
South Korea (%) 47.0 Jun 2025 quarterly Sep 2002 - Jun 2025
Kosovo (%) 19.9 2022 yearly 2009 - 2022
Kuwait (%) 1.1 Jun 2025 quarterly Dec 2010 - Jun 2025
Kyrgyzstan (%) 43.8 Sep 2025 quarterly Mar 2011 - Sep 2025
Latvia (%) 48.0 Jun 2025 quarterly Mar 2000 - Jun 2025
Lebanon (%) 23.6 2022 yearly 1998 - 2022
Lithuania (%) 39.1 Jun 2025 quarterly Mar 2000 - Jun 2025
Luxembourg (%) 25.1 Jun 2025 quarterly Dec 1997 - Jun 2025
North Macedonia (%) 53.4 Jun 2025 quarterly Dec 2009 - Jun 2025
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 66.1 Sep 2025 quarterly Dec 2010 - Sep 2025
Malta (%) 46.8 Jun 2025 quarterly Mar 2000 - Jun 2025
Mauritius (%) 80.6 Sep 2025 quarterly Jun 2003 - Sep 2025
Mexico (%) 60.2 Sep 2025 quarterly Dec 2005 - Sep 2025
Moldova (%) 38.0 Jun 2025 quarterly Mar 2007 - Jun 2025
Mongolia (%) 38.6 Jun 2025 quarterly Dec 2017 - Jun 2025
Montenegro (%) 58.3 Sep 2025 quarterly Dec 2010 - Sep 2025
Morocco (%) 71.4 2022 yearly 1994 - 2022
Nepal (%) 39.9 2021 yearly 1990 - 2021
Netherlands (%) 42.7 Jun 2025 quarterly Dec 1999 - Jun 2025
New Zealand (%) 46.7 Jun 2025 quarterly Dec 2006 - Jun 2025
Nigeria (%) 37.5 Jun 2025 quarterly Dec 2010 - Jun 2025
Norway (%) 53.3 2024 yearly 1995 - 2024
Oman (%) 35.4 2024 yearly 1990 - 2024
Pakistan (%) 68.4 2025 yearly 2000 - 2025
Palestinian Territory (%) 151.6 Jun 2025 quarterly Dec 2010 - Jun 2025
Panama (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Paraguay (%) 38.3 Jun 2025 quarterly Dec 2014 - Jun 2025
Peru (%) 31.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Philippines (%) 63.1 Sep 2025 quarterly Mar 1993 - Sep 2025
Poland (%) 58.1 Sep 2025 quarterly Mar 2000 - Sep 2025
Portugal (%) 97.4 Sep 2025 quarterly Dec 1995 - Sep 2025
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 57.3 Jun 2025 quarterly Dec 2011 - Jun 2025
Russia (%) 15.2 Sep 2025 quarterly Dec 2011 - Sep 2025
Saudi Arabia (%) 30.8 Sep 2025 quarterly Dec 2016 - Sep 2025
Serbia (%) 43.7 Sep 2025 quarterly Sep 2004 - Sep 2025
Singapore (%) 173.4 Sep 2025 quarterly Mar 1990 - Sep 2025
Slovakia (%) 63.2 Mar 2025 quarterly Mar 2000 - Mar 2025
Slovenia (%) 69.3 Jun 2025 quarterly Dec 1999 - Jun 2025
South Africa (%) 78.9 Sep 2025 quarterly Dec 1960 - Sep 2025
Spain (%) 103.2 Sep 2025 quarterly Mar 1995 - Sep 2025
Sri Lanka (%) 95.7 Jun 2025 quarterly Mar 2014 - Jun 2025
Sweden (%) 33.3 Jun 2025 quarterly Mar 1996 - Jun 2025
Switzerland (%) 22.2 2029 yearly 1990 - 2029
Taiwan, China (%) 29.0 2023 yearly 1996 - 2023
Tajikistan (%) 36.3 2021 yearly 1999 - 2021
Thailand (%) 58.3 Sep 2025 quarterly Dec 1997 - Sep 2025
Tunisia (%) 81.2 2024 yearly 2016 - 2024
Turkey (%) 24.1 Jun 2025 quarterly Dec 2001 - Jun 2025
Ukraine (%) 89.9 Jun 2025 quarterly Dec 2010 - Jun 2025

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Luxembourg Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.9 2024 yearly 1995 - 2024
Tax Revenue (USD mn) 28,386.308 2024 yearly 1995 - 2024
Tax Revenue: % of GDP (%) 30.5 2024 yearly 1995 - 2024
National Government Debt (USD mn) 25,740.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Government Debt: % of GDP (%) 25.1 Jun 2025 quarterly Dec 1997 - Jun 2025
Forecast: Government Expenditure (EUR bn) 55.278 2030 yearly 1995 - 2030
Forecast: Government Net Debt (EUR bn) 33.450 2030 yearly 1995 - 2030
Forecast: Government Revenue (EUR bn) 52.750 2030 yearly 1995 - 2030
General Government Debt: Consolidated (EUR mn) 21,842.266 Sep 2024 quarterly Dec 1995 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.000 2030 yearly 1987 - 2030
Trade Balance (USD mn) -791.4 Sep 2025 monthly Jan 1988 - Sep 2025
Total Exports (USD mn) 1,496.2 Sep 2025 monthly Jan 1988 - Sep 2025
Total Exports Growth (%) 6.5 Sep 2025 monthly Jan 1989 - Sep 2025
Aluminum: Exports (USD th) 388,438.265 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 148,279.883 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 18,994.624 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,287.7 Sep 2025 monthly Jan 1988 - Sep 2025
Total Imports Growth (%) -1.3 Sep 2025 monthly Jan 1989 - Sep 2025
Imports: Medicament (USD th) 664,574.381 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 180,463.850 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 39.721 Sep 2025 monthly Jan 1988 - Sep 2025
Total Imports from USA (USD mn) 50.473 Sep 2025 monthly Jan 1988 - Sep 2025
Total Exports to China (USD mn) 21.477 Aug 2025 monthly Jan 1997 - Aug 2025
Total Imports from China (USD mn) 165.865 2024 yearly 1993 - 2024
Imports: sa (EUR mn) 1,982.531 Dec 2024 monthly Jan 1988 - Dec 2024
Exports (EUR mn) 1,072.078 Dec 2024 monthly Jan 1988 - Dec 2024
Trade Balance: sa (EUR mn) -750.274 Dec 2024 monthly Jan 1988 - Dec 2024
Total Exports: MoM: sa (%) 1.886 Dec 2024 monthly Feb 1988 - Dec 2024
Total Exports: YoY (%) 3.495 Dec 2024 monthly Jan 1989 - Dec 2024
Total Imports: YoY (%) 1.639 Dec 2024 monthly Jan 1989 - Dec 2024
Imports (EUR mn) 1,954.812 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: sa (EUR mn) 1,232.256 Dec 2024 monthly Jan 1988 - Dec 2024
Total Imports: MoM: sa (%) 1.432 Dec 2024 monthly Feb 1988 - Dec 2024
Exports: Other Manufactured Goods (EUR mn) 157.660 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Chemicals and Related Products (EUR mn) 127.631 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Base Metal Products (EUR mn) 170.895 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Machinery and Equipment (EUR mn) 219.365 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Transport Equipment (EUR mn) 137.258 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 152.750 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: America: ow United States of America (EUR mn) 30.328 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Asia: ow Japan (EUR mn) 5.304 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 262.672 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 167.108 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union (EUR mn) 853.980 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Food Products and Live Animals (EUR mn) 193.984 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Mineral Fuels and Lubricants (EUR mn) 238.884 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Chemicals and Related Products (EUR mn) 238.273 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Transport Equipment (EUR mn) 393.483 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Machinery and Equipment (EUR mn) 264.391 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 616.483 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union (EUR mn) 1,753.931 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union: ow European Monetary Union: ow Germany (EUR mn) 527.403 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: America: ow United States of America (EUR mn) 85.389 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union: ow European Monetary Union: ow France (EUR mn) 239.303 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Asia: ow Japan (EUR mn) 15.004 Dec 2024 monthly Jan 1988 - Dec 2024
Import Value Index (2015=100) 110.828 2021 yearly 1995 - 2021
Export Value Index (2015=100) 96.991 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -69,045.5 Jun 2025 quarterly Mar 2002 - Jun 2025
Current Account Balance (USD mn) 823.0 Jun 2025 quarterly Mar 1995 - Jun 2025
Current Account Balance: % of GDP (%) 3.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Foreign Direct Investment (USD mn) -21,653.4 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Direct Investment: % of GDP (%) -86.7 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment (USD mn) 52,503.734 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 212.1 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 41,942.9 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 10,528.073 Jun 2025 quarterly Mar 2002 - Jun 2025
External Debt (USD mn) 4,055,595.4 Jun 2025 quarterly Dec 2002 - Jun 2025
External Debt: % of GDP (%) 4,148.6 2024 yearly 2002 - 2024
External Debt: Short Term (USD mn) 1,151,843.2 Jun 2025 quarterly Dec 2002 - Jun 2025
External Debt: Short Term: % of GDP (%) 1,131.4 2024 yearly 2002 - 2024
Total Debt: % of GDP (%) 6,979.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Forecast: Current Account Balance (USD bn) 9.232 2030 yearly 1995 - 2030
Net International Investment Position (USD mn) 38,395.187 Jun 2025 quarterly Dec 2002 - Jun 2025
BoP: FA: Portfolio Investment (PI) (EUR mn) 13,000.226 Sep 2024 quarterly Mar 2002 - Sep 2024
BoP: FA: PI: DS: Liabilities (EUR mn) 8,816.544 Sep 2024 quarterly Mar 2002 - Sep 2024
International Investment Position (IIP): Net (EUR mn) 30,864.333 Sep 2024 quarterly Dec 2002 - Sep 2024
IIP: Assets (EUR mn) 12,362,751.139 Sep 2024 quarterly Dec 2002 - Sep 2024
IIP: Liabilities (EUR mn) 12,331,886.806 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government: Long Term (EUR mn) 11,545.953 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government (EUR mn) 11,545.953 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt (EUR mn) 3,525,961.513 Sep 2024 quarterly Dec 2002 - Sep 2024
Number of Bankruptcies: NACE 2 (Unit) 1,189.000 2024 yearly 2000 - 2024
Number of Enterprises: NACE 2: Active (Unit) 45,021.000 2022 yearly 2003 - 2022
Number of Enterprises: NACE 2: New (Unit) 4,747.000 2022 yearly 2003 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 62.4 Jun 2025 quarterly Dec 1995 - Jun 2025
Money Supply M1 (USD mn) 373,928.401 Oct 2025 monthly Jan 1999 - Oct 2025
Money Supply M2 (USD mn) 479,874.781 Oct 2025 monthly Jan 1999 - Oct 2025
M2 Growth (%) 6.5 Oct 2025 monthly Jan 2000 - Oct 2025
Reserve Requirement Ratio (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
Foreign Exchange Reserves (USD mn) 47.7 Nov 2025 monthly Jan 1999 - Nov 2025
Foreign Exchange Reserves: % of GDP (%) 0.052 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 0.0 Sep 2025 monthly Jan 1999 - Sep 2025
Gold Reserves (USD mn) 303.467 Nov 2025 monthly Jan 1999 - Nov 2025
Total Deposits (USD mn) 948,833.428 Sep 2025 quarterly Mar 2003 - Sep 2025
Total Deposits Growth (%) 3.9 Sep 2025 quarterly Mar 2004 - Sep 2025
Domestic Credit (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Domestic Credit Growth (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Credit to Households (USD bn) 63.760 Jun 2025 quarterly Mar 1995 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 449.916 Jun 2025 quarterly Mar 1995 - Jun 2025
Household Debt (USD mn) 64,052.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Total Loans (USD mn) 854,013.228 Oct 2025 monthly Jan 2001 - Oct 2025
Total Loans Growth (%) 7.86 Oct 2025 monthly Jan 2002 - Oct 2025
Private Debt: % of Nominal GDP (%) 81.15 Sep 2025 quarterly Mar 1999 - Sep 2025
Money Supply: M3: M2 (EUR bn) 415.800 Oct 2025 monthly Jan 1999 - Oct 2025
Money Supply: M3 (EUR bn) 531.000 Oct 2025 monthly Jan 1999 - Oct 2025
Money Supply: M3: M2: M1 (EUR bn) 324.000 Oct 2025 monthly Jan 1999 - Oct 2025
Official Reserve Assets: Foreign Exchange (EUR mn) 41.119 Nov 2025 monthly Jan 1999 - Nov 2025
Official Reserve Assets (EUR mn) 2,614.994 Nov 2025 monthly Jan 1999 - Nov 2025
Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) 3.600 Mar 2019 monthly Jan 1999 - Mar 2019
Bank Deposits: Domestic (EUR mn) 341,353.000 Oct 2025 monthly Jan 2003 - Oct 2025
Bank Loans: Domestic: Credit Institutions (EUR mn) 139,133.000 Oct 2025 monthly Jan 1999 - Oct 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -9.8 Nov 2025 monthly Jan 1986 - Nov 2025

More Indicators for Luxembourg

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